Issue of Warrant Sample Clauses

Issue of Warrant. (a) The Company agrees to issue to the Investor upon Closing a warrant, exercisable by the Investor or any other Person designated by the Investor (the Person exercising such warrant being a “Warrant Holder”), to purchase up to a total of 4,216,867 Series A Preferred Shares (the “Warrant Shares”) at the Per Share Purchase Price (as adjusted for share splits, combinations, recapitalizations, reclassifications and similar transactions) (the “Warrant”), at an aggregate exercise price of US$1,500,000 (the “Exercise Price”) in the form attached hereto as Exhibit K.
AutoNDA by SimpleDocs
Issue of Warrant. In consideration of the credit facility provided under this Agreement, Borrower hereby agrees to issue to Lender a warrant to acquire fifty million (50,000,000) newly issued shares of the Borrower’s common stock (the “Warrant”) at U.S$0.10 per share, exercisable for five years from the date of issuance. The form of the Warrant is attached to this Agreement as Exhibit C. Lender represents and warrants that it is acquiring the Warrant for investment and not with a view to or for the sale in connection with any distribution thereof. As provided in Section 2.1, the aggregate amount of Loans available will be reduced by the amount invested in the stock of the Borrower pursuant to the Warrant, so that the total of Loans, common stock investment made by Lender under the Warrant and under the Investment Agreement dated the date of this Agreement will not exceed $10,000,000
Issue of Warrant. 5.1 The Company shall as soon as reasonably practicable after the date of this Agreement, but in any event no later than 30 Business Days after the date on which the Listing of the Ordinary Shares becomes effective (the date on which the Listing of the Ordinary Shares becomes effective, the “Listing Date”), issue and deliver to the Purchaser Warrants in the form and terms set out in Exhibit E to subscribe for Ordinary Shares in the Company representing six per cent (6%) of the Company on a fully diluted basis as of the Listing Date (taking into account, for the avoidance of doubt, all share classes of the Company) at an exercise price per Ordinary Share equal to 120% of the volume-weighted average price of all transactions executed on the Principal Market on which the Ordinary Shares are initially Listed during the first Trading Day after the Ordinary Shares become Listed on such Principal Market. The Warrant shall be exercisable for a period of five (5) years after the Listing Date. No additional consideration shall be payable by the Purchaser for the issue of the Warrants.
Issue of Warrant. The Warrant entitles the Warrant Holder to purchase an aggregate of opreviously unissued common shares in the capital of the Company, subject to adjustment under section 4.9 hereof.
Issue of Warrant 

Related to Issue of Warrant

  • Issue of Warrants Section 2.1 Creation and Issue of Warrants 6 Section 2.2 Terms of Warrants 7 Section 2.3 Warrantholder not a Shareholder 7 Section 2.4 Warrants to Rank Pari Passu 7 Section 2.5 Form of Warrants, Certificated Warrants 7 Section 2.6 Book Entry Only Warrants 8 Section 2.7 Warrant Certificate 10 Section 2.8 Register of Warrants 11 Section 2.9 Issue in Substitution for Warrant Certificates Lost, etc. 12 Section 2.10 Exchange of Warrant Certificates 13 Section 2.11 Transfer and Ownership of Warrants 13 Section 2.12 Cancellation of Surrendered Warrants 14 ARTICLE 3

  • Issuance of Warrant The issuance of the Warrant is duly authorized and will be validly issued, fully paid and non-assessable, and free from all taxes, liens, claims and encumbrances with respect to the issue thereof and shall not be subject to preemptive rights or other similar rights of shareholders of the Company and will not impose personal liability upon the holder thereof.

  • Issuance of Warrant Shares (a) The Warrant Agent shall, on the Trading Day following the date of exercise of any Warrant, advise the Company, the transfer agent and registrar for the Company’s Common Stock, in respect of (i) the number of Warrant Shares indicated on the Notice of Exercise as issuable upon such exercise with respect to such exercised Warrants, (ii) the instructions of the Holder or Participant, as the case may be, provided to the Warrant Agent with respect to the delivery of the Warrant Shares and the number of Warrants that remain outstanding after such exercise and (iii) such other information as the Company or such transfer agent and registrar shall reasonably request.

  • Issuance of Warrants [If Warrants alone —Upon issuance, each Warrant Certificate shall evidence one or more Warrants.] [If Other Securities and Warrants —Warrant Certificates will be issued in connection with the issuance of the Other Securities but shall be separately transferable and each Warrant Certificate shall evidence one or more Warrants.] Each Warrant evidenced thereby shall represent the right, subject to the provisions contained herein and therein, to purchase one Warrant Security. [

  • Term of Warrant Subject to the terms and conditions set forth herein, this Warrant shall be exercisable, in whole or from time to time part, at any time on or after the date hereof and at or prior to 11:59 p.m., Pacific Standard Time, on September 21, 2002 (the "Expiration Time").

  • Reissuance of Warrants As promptly as practicable after the exercise of this ---------------------- Warrant, in whole or in part, and in any event within five (5) Business Days thereafter (unless such exercise shall be in connection with a public offering of Warrant Shares subject to this Warrant, in which event concurrently with such exercise), the Company at its expense (including the payment by it of any applicable issue, stamp or other taxes) will cause to be issued in the name of and delivered to the Holder or, subject to Section 6 of the Warrant Agreement, such other person as the Holder may direct:

Time is Money Join Law Insider Premium to draft better contracts faster.